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Q: After the real estate market and the stock market, where all the money will go?
Real estate market days as pure investment are over, and the stock market is beginning what looks a downturn from a 120% growth fueled by speculation. What will be the next wave?
Interesting post about Rmb internationalization and some snippets about where Chinese economy is shifting since 2008:
http://www.zerohedge.com/news/2015-06-26/importance-rmb-internationaliza...
China clearly no longer wants to pursue the high volume, highly polluting, low margin businesses which enabled it to rise from dire poverty. Instead, China (or at the very least, the Chinese Ministry of Commerce) now envisions its future as one of selling earth-moving equipment to Indonesia, telecom switches to India, cars to the Middle East, oil rigs to Russia and auto machinery to Eastern Europe or Latin America. The problem, of course, is that once one starts to compete with the likes of Caterpillar, Siemens, or Komatsu, having low prices may not be enough. Instead, offering attractive financing terms may be the deal clincher.
ScotsAlan:
The other problem might be the quality of home produced goods being sold in safety orientated foreign markets.
People will flock into gold and silver. I buy a coin or two of silver a month and get a few grams of gold as well. I have been doing this for a few years now. For me, it is just another form of saving money.
Didn't we have a soft crash on the silver/gold markets already a few years ago. It sure sounds very 2012 to me
juanisaac:
I cost average in and out. I buy a little bit every month to get all the highs and lows. Yes the price went from about 1,900 an ounce two years ago to 1,200 today. But if you go back 10 years, gold went from 400 dollars an ounce to 1,200 dollars an ounce today. That is a 300% percent increase. Even the Shanghai Stock Market did not go up this much recently.
Gold is just another form of saving money; for me it is not really an investment. In the U.S. the amount of silver two dimes could buy you one gallon of gas in 1960.Today, the same amount of silver in the U.S. dime can buy you one gallon of gas. Silver dimes cost around three dollars today. Gold and silver keep their purchasing power better than paper currencies.
